Posted AT 8:03 AM EDT on 31/01/07
Time Warner earnings jump
NEW YORK — Time Warner Inc.'s profit jumped 34 per cent in the fourth quarter, boosted by the sale of Internet access businesses in Europe and a deal that added new subscribers to its cable TV unit.
The world's largest media company, which owns Warner Bros., the magazine publisher Time Inc. and the second-largest cable TV operator in the country, said Wednesday it earned $1.75-billion (U.S.
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